WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) — ()
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Gold Is Shining, But This ETF Really Glitters
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Sentiment: Positive ()
Through nearly four months, it's clear gold is one this year's star assets. Just look at the largest ETF backed by physical holdings of the yellow metal.
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About WisdomTree Efficient Gold Plus Gold Miners Strategy Fund GDMN
The fund invests, either directly or through a wholly-owned subsidiary, in a portfolio comprised of (i) U.S.-listed gold futures contracts and (ii) global equity securities issued by companies that derive at least 50% of their revenue from the gold mining business. The fund will invest in a representative basket of global equity securities issued by Gold Miners generally weighted by market capitalization. The fund may invest in U.S. Treasury securities and other liquid short-term investments as collateral for its U.S.-listed gold futures contracts. The fund is non-diversified.